The global Alcohol Excipients Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Sorbitol, Glycerin, Propylene Glycol, Others), By Application (Pharmaceutical, Personal Care, Cosmetics, Others).
The market for alcohol excipients is critical for pharmaceutical formulation and drug delivery, facilitating the solubilization, stabilization, and bioavailability of active pharmaceutical ingredients (APIs) in various dosage forms. Key trends shaping the future of this industry include the development of novel excipients with improved compatibility, solubility enhancement, and controlled-release properties, enabling the formulation of poorly soluble drugs and complex dosage forms. Additionally, advancements in nanotechnology and lipid-based formulations offer innovative approaches to drug delivery, enhancing drug targeting, tissue penetration, and therapeutic efficacy. Moreover, the adoption of quality-by-design (QbD) principles and process analytical technologies (PAT) enables robust and efficient excipient selection, formulation optimization, and manufacturing scale-up, ensuring product quality and regulatory compliance. As pharmaceutical companies strive to develop novel drug formulations with improved patient compliance, safety, and efficacy, the demand for alcohol excipients is expected to continue growing, driving innovation and market expansion in this sector.
The market report analyses the leading companies in the industry including BASF SE, Dow Inc, Evonik Industries AG, FMC Corp, J.M. Huber Corp, Merck KGaA, Mitsubishi Chemical Performance Polymers Inc, Purdue Pharma L.P., Solvay SA, The Lubrizol Corp.
Increasing demand for pharmaceutical formulations, driven by factors such as population growth, aging demographics, and the prevalence of chronic diseases are the key factors driving R&D investments. Alcohol excipients play a crucial role in pharmaceutical manufacturing as inert substances used to formulate drugs into various dosage forms such as tablets, capsules, and syrups. With the growing demand for medications to treat a wide range of ailments, there is a corresponding increase in the need for alcohol excipients to enhance drug stability, solubility, bioavailability, and patient acceptability. Companies focus on developing innovative drug formulations to meet the healthcare needs of diverse patient populations.
Continuous advancements in drug delivery systems and formulation technologies aimed at improving drug efficacy, safety, and patient compliance drive the outlook. Pharmaceutical companies are investing in research and development to develop novel drug delivery platforms such as controlled-release formulations, nanoformulations, and oral disintegrating tablets, which require specialized excipients to achieve needd drug release profiles and therapeutic outcomes. Alcohol excipients are essential components in these advanced drug delivery systems, providing compatibility, stability, and functionality to the formulations. The drive for innovation in drug delivery systems and formulation technologies fuels market demand for alcohol excipients as critical ingredients in pharmaceutical formulations.
Specialty formulations tailored to meet the individual requirements of different drug delivery systems, dosage forms, and therapeutic applications are driving the market. Manufacturers aim to capitalize on this opportunity by expanding their product portfolios to include a diverse range of alcohol excipients with unique functionalities such as taste masking, sustained release, and enhanced bioavailability. Additionally, there is potential for the development of excipient blends and co-processed excipients that offer synergistic effects and improved performance in pharmaceutical formulations.
The Alcohol Excipients Market involves diverse stages, with raw material production, where ethanol and synthetic alcohols are sourced from companies including Archer Daniels Midland Company and BASF SE. Following this, purification and processing are crucial to meet pharmaceutical and cosmetic grade standards, with companies including BASF SE and Lonza Group Ltd specializing in fine chemical manufacturing. Distribution and sales are facilitated by entities including McKesson Corporation and Brenntag AG, ensuring alcohol excipients reach pharmaceutical and cosmetic manufacturers worldwide.
End users, including pharmaceutical giants including Pfizer Inc. and cosmetic industry leaders including L'Oreal S.A., rely on alcohol excipients for various functions including solvents, preservatives, and viscosity modifiers in their formulations. Key considerations include quality, regulatory compliance, safety, and sustainability throughout the value chain.
In the Alcohol Excipients Market, sorbitol is the largest segment, driven by diverse key factors. Sorbitol, a sugar alcohol derived from glucose, finds extensive application as a sweetening agent, humectant, and bulking agent in pharmaceuticals, food, and personal care products. Its versatility and multifunctionality make it a preferred choice among manufacturers for various formulations, including oral liquids, tablets, and topical preparations. In addition, sorbitol's low caloric content and sugar-free nature have led to its widespread use in sugar-free and low-calorie pharmaceutical and food products, catering to the increasing demand for healthier alternatives among consumers. Additionally, the growing prevalence of lifestyle diseases such as diabetes has further propelled the demand for sorbitol-based products, driving the dominance of the sorbitol segment in the alcohol excipients market.
Among the diverse applications in the Alcohol Excipients Market, the personal care segment is the fastest-growing sector, driven by diverse significant factors. With increasing consumer awareness regarding skincare and grooming routines, the demand for innovative and effective personal care products has witnessed a steady rise. Alcohol excipients play a crucial role in formulating various cosmetic and skincare products such as lotions, creams, serums, and hair care formulations. These excipients serve as solvents, emollients, and viscosity modifiers, enhancing the stability, texture, and sensory properties of the final product. In addition, the growing trend toward natural and organic ingredients in personal care formulations has further fueled the demand for alcohol excipients derived from renewable sources. As consumers seek safer, environmentally friendly alternatives, manufacturers are increasingly incorporating alcohol excipients into their product formulations, driving significant growth in the personal care segment of the alcohol excipients market. Additionally, the expansion of the global beauty and personal care industry, coupled with rising disposable incomes in emerging markets, is expected to further accelerate the growth of this segment in the coming years.
By Type
Sorbitol
Glycerin
Propylene Glycol
Others
By Application
Pharmaceutical
Personal Care
Cosmetics
Others
BASF SE
Dow Inc
Evonik Industries AG
FMC Corp
J.M. Huber Corp
Merck KGaA
Mitsubishi Chemical Performance Polymers Inc
Purdue Pharma L.P.
Solvay SA
The Lubrizol Corp
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Alcohol Excipients Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Alcohol Excipients Market Size Outlook, $ Million, 2021 to 2030
3.2 Alcohol Excipients Market Outlook by Type, $ Million, 2021 to 2030
3.3 Alcohol Excipients Market Outlook by Product, $ Million, 2021 to 2030
3.4 Alcohol Excipients Market Outlook by Application, $ Million, 2021 to 2030
3.5 Alcohol Excipients Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Alcohol Excipients Industry
4.2 Key Market Trends in Alcohol Excipients Industry
4.3 Potential Opportunities in Alcohol Excipients Industry
4.4 Key Challenges in Alcohol Excipients Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Alcohol Excipients Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Alcohol Excipients Market Outlook by Segments
7.1 Alcohol Excipients Market Outlook by Segments, $ Million, 2021- 2030
By Type
Sorbitol
Glycerin
Propylene Glycol
Others
By Application
Pharmaceutical
Personal Care
Cosmetics
Others
8 North America Alcohol Excipients Market Analysis and Outlook To 2030
8.1 Introduction to North America Alcohol Excipients Markets in 2024
8.2 North America Alcohol Excipients Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Alcohol Excipients Market size Outlook by Segments, 2021-2030
By Type
Sorbitol
Glycerin
Propylene Glycol
Others
By Application
Pharmaceutical
Personal Care
Cosmetics
Others
9 Europe Alcohol Excipients Market Analysis and Outlook To 2030
9.1 Introduction to Europe Alcohol Excipients Markets in 2024
9.2 Europe Alcohol Excipients Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Alcohol Excipients Market Size Outlook by Segments, 2021-2030
By Type
Sorbitol
Glycerin
Propylene Glycol
Others
By Application
Pharmaceutical
Personal Care
Cosmetics
Others
10 Asia Pacific Alcohol Excipients Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Alcohol Excipients Markets in 2024
10.2 Asia Pacific Alcohol Excipients Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Alcohol Excipients Market size Outlook by Segments, 2021-2030
By Type
Sorbitol
Glycerin
Propylene Glycol
Others
By Application
Pharmaceutical
Personal Care
Cosmetics
Others
11 South America Alcohol Excipients Market Analysis and Outlook To 2030
11.1 Introduction to South America Alcohol Excipients Markets in 2024
11.2 South America Alcohol Excipients Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Alcohol Excipients Market size Outlook by Segments, 2021-2030
By Type
Sorbitol
Glycerin
Propylene Glycol
Others
By Application
Pharmaceutical
Personal Care
Cosmetics
Others
12 Middle East and Africa Alcohol Excipients Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Alcohol Excipients Markets in 2024
12.2 Middle East and Africa Alcohol Excipients Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Alcohol Excipients Market size Outlook by Segments, 2021-2030
By Type
Sorbitol
Glycerin
Propylene Glycol
Others
By Application
Pharmaceutical
Personal Care
Cosmetics
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
BASF SE
Dow Inc
Evonik Industries AG
FMC Corp
J.M. Huber Corp
Merck KGaA
Mitsubishi Chemical Performance Polymers Inc
Purdue Pharma L.P.
Solvay SA
The Lubrizol Corp
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
Sorbitol
Glycerin
Propylene Glycol
Others
By Application
Pharmaceutical
Personal Care
Cosmetics
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Alcohol Excipients is forecast to reach $3.9 Billion in 2030 from $2.6 Billion in 2024, registering a CAGR of 7.1% over the outlook period
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
BASF SE, Dow Inc, Evonik Industries AG, FMC Corp, J.M. Huber Corp, Merck KGaA, Mitsubishi Chemical Performance Polymers Inc, Purdue Pharma L.P., Solvay SA, The Lubrizol Corp
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: Revenue (USD); Volume